Pei Shan Liu Professor: David Hossain Accounting 495 10/1/2012 Case 08-1 Go With the Flow‚ Inc. 1. Insurance Settlement Proceeds According to ASC 230-10-45-12‚ the insurance settlement proceeds should be classified as an investing cash flow in the statement of cash flow. “All of the followings are cash inflows from investing activities: a. Receipts from collections or sales of loans made by the entity and of other entities’ debt instruments (other than cash equivalents and certain debt
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In the United States at age 18‚ a person is legally allowed to buy tobacco‚ vote‚ get married‚ enlist in the military‚ and work in a bar‚ among other privileges. However‚ in most states‚ he cannot legally drink champagne at his own wedding or have a beer with his fellow comrades. 18 is the age of adulthood in the United States‚ and adults should have the right to make their own decisions about alcohol consumption. Turning 18 entails receiving the rights and responsibilities of adulthood‚ which involves
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1). Financial planning true or false? Explain. a. Financial planning should attempt to minimize risk. False. Financial planning is a process of deciding what risk is best b. The primary aim of financial planning is to obtain better forecasts of future cash flows and earnings. False. Financial planning is concerned with possible surprises as well as the most likely outcomes. c. Financial planning is necessary because financing and investing decisions interact and should not be made independently
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Motors‚ the assembler for CKD Honda cars. Since the inception of PROTON and subsequently PERODUA‚ the country second national car company‚ Malaysia maintains several measures to protect its local automobile industry which includes a host of other automotive components‚ spare parts and accessories vendors supporting the national cars by imposing one of the highest tax duties on automobiles and motorcycles in South East Asia and probably the world plus a list of other non-tariff barriers. The measures
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Australian and New Zealand Online Shopping Market and Digital Insights Contents 1 Introduction 3 2 Executive summary 5 3 Research findings 8 4 Appendix 51 Digital media research 2012 | 2 Introduction 1 Digital media research 2012 | 3 Definition and methodology The definition of online shopping we use is online purchasing of physical merchandise such as clothes‚ books‚ and electronic items. This covers the same merchandise categories as used in the retail sales statistics published by the Australian
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Operations Strategy : Hyundai Automotive Industry Question 1. The automotive industry is one of the main ingredients of the Korean national growth. In 2004‚ Hyundai Motor Company had $57.2 billion in sales in South Korea making it the country ’s second largest corporation. It is also the world ’s seventh largest car maker. In 1998‚ Hyundai acquired rival Kia Motors. This acquisition brings the first element of the firm competitive strategy
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Trident University International ACC501: Introduction to Financial Accounting Module 1 Case Assignment For investors to objectively analyze and rate companies they need to have access to certain financial information in order to make informed business decisions. Key financial figures such as Statement of Income‚ Balance Sheet Statements‚ and Cash Flow Statements are used to make these comparisons. To ensure that companies are reporting the same financial information several accounting and
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View of the evitable In “Sonnet 18” by William Shakespeare and “Death” by John Donne‚ both poems describe how death is escaped. Both writers suggest that we shouldn’t fear death‚ because with death comes life. The use of imagery‚ metaphors‚ and personification are used to develop these themes of the sonnets. However‚ each sonnet addresses how they view immortality in different ways. While “Sonnet 18” focuses on immortality by capturing beauty‚ immortality in “Death” is viewed through a religious
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“transplant” facilities). The Big Three now dominate only in light trucks‚ and are being challenged there by the foreign brands. The Big Three have shed about 600‚000 U.S. jobs since 1980‚ while about one-quarter of Americans employed in automotive manufacturing (nearly 300‚000) work for foreign-owned companies — and that excludes Chrysler‚ which was acquired by Daimler Benz of Germany in 1998. These changes have had major effects on the structure and location of the U.S. motor
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Salvador Chavez “My Expectations of the Automotive Repair Industry” My expectations of the automotive repair industry are to learn everything I need to know about fixing a car from the simplest thing to the most complicated. My goals are to go to school and study what I like to become a better person and try to succeed in life. Also I want to transfer from Citrus College to a UC and major in business and hopefully one day have a chance to run a shop with my father. The personal sacrifices
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